Over-the-counter (OTC)
What is it? A stock that is not listed on the Nasdaq Stock Market or any other national stock exchange. OTC stocks are often from young, untested companies that are unable to meet Nasdaq or exchange listing requirements. While investing in them is considered risky, the shares are usually cheap. Price quotes can be found on the OTC Bulletin Board or in the Pink Sheets, a publication of the National Quotation Bureau.Added By: Hunter
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